Prosperity Financial Group Inc. Sells 577 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Prosperity Financial Group Inc. trimmed its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 10.9% in the third quarter, Holdings Channel reports. The fund owned 4,727 shares of the company’s stock after selling 577 shares during the quarter. Prosperity Financial Group Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 6.6% during the 2nd quarter. LPL Financial LLC now owns 8,568,887 shares of the company’s stock worth $510,706,000 after purchasing an additional 530,475 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of First Trust Enhanced Short Maturity ETF by 453.9% in the first quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock valued at $96,159,000 after acquiring an additional 1,321,695 shares during the period. GDS Wealth Management grew its position in First Trust Enhanced Short Maturity ETF by 204.9% in the 3rd quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock worth $88,131,000 after purchasing an additional 989,192 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 4.2% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 1,388,183 shares of the company’s stock worth $82,736,000 after purchasing an additional 56,415 shares during the period. Finally, Raymond James & Associates raised its position in shares of First Trust Enhanced Short Maturity ETF by 20.1% during the second quarter. Raymond James & Associates now owns 1,147,010 shares of the company’s stock valued at $68,362,000 after buying an additional 192,229 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM stock opened at $59.93 on Monday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16. The business’s 50-day simple moving average is $59.94 and its 200 day simple moving average is $59.85.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, November 4th. Stockholders of record on Thursday, October 31st were issued a dividend of $0.241 per share. The ex-dividend date of this dividend was Thursday, October 31st.

About First Trust Enhanced Short Maturity ETF

The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.